Redis Labs raises 110 million News Today

  • | Friday | 9th April, 2021

Chennai: Redis Labs announced it has closed $110 million in financing led by a new investor Tiger Global which brings the company's valuation to more than $2 billion. The company's Series G round also includes participation from another new investor SoftBank Vision Fund 2 and existing Redis Labs investor TCV. Additionally Tiger SoftBank and TCV acquired additional ownership as part of a $200 million secondary transaction. “We founded Redis Labs with the idea that the future of the database market would be defined by performance where Redis excels. Through the dedication of our team Redis has become an enterprise-grade data platform to tackle nearly any real-time use case across every industry” said Ofer Bengal co-founder and CEO at Redis Labs.

Read Full Article Here

If You Like This Story, Support NYOOOZ



Your support to NYOOOZ will help us to continue create and publish news for and from smaller cities, which also need equal voice as much as citizens living in bigger cities have through mainstream media organizations.

Stay updated with all the Chennai Latest News headlines here. For more exclusive & live news updates from all around India, stay connected with NYOOOZ.

Related Articles